Buying or selling a home during the winter months can seem like a daunting task, especially when the holiday season arrives. Many people believe that this is the worst time for real estate, but there are many positive aspects that are overlooked this time of year. There are also many tips and tricks to follow if selling and/or house hunting is on the top of your Christmas list.
Less Inventory – For many reasons, people don’t usually put their homes up for sale this time of year, therefore there are less homes on the market and less competition than in the spring. Buyers only have a few houses to choose from instead of dozens, which can work in your favour!
More Earnest Buyers – With less inventory to choose from you can also bet that the Buyer’s house hunting over the holidays are the more serious ones. More people are out and about in the spring/summer months and open houses are a regular occurrence. This gives more opportunity for people to be looking at your house without a real plan. If someone is using their time around the ever so busy holiday season to house hunt, chances are they have a plan and are ready to buy, this can result in a much faster selling process.
Minimize Holiday Décor – With all the guests and relatives coming and going, homes often look their very best during the holidays. However, remember to keep decorations easy and simple. Lots of decorations may make your home look over crowded and décor that you think looks great, potential buyers may not like so much. Although, ultimately the decorations aren’t including with the house, buyers need to be able to visualize themselves living in your home. The same rules apply for the outside too!
Escape from the Cold – Use the time of season to your advantage and make your home a cozy escape. Turn the heat up during showings and use scents for the holiday season to make your home feel extra inviting. It may also keep potential buyers looking in your home for longer, instead of breezing through a showing because it is cold and uninviting.
Online Presence – Make sure the photos and/or videos of your home are well done and really accentuate its features. A lot more people will be looking online for homes during the colder months so you want to make a good first impression. Also, it may be a good idea to include some spring or summer shots so potential buyers can see how your house looks all year.
Last but not least remember to take time to relax. The holidays can be stressful enough without the home buying or selling process too! If you have read the information and follow the tips provided it will make this time year much easier. Check back later this week, where I will cover the positives and also some more helpful tips from the buying side!